Traditionally perceived as a recourse for private equity firms in trouble, GP-led secondary transactions are starting to be used by brand-name managers as a liquidity solution for LPs
The $1 billion deal that saw Lexington Partners take out a string of LP positions in an existing BC Partners fund and commit capital to the private equity firm’s latest vehicle has been hailed as watershed...
China Renaissance Group has appointed Ke Wei, formerly a managing director at General Atlantic (GA), as a partner in its private equity investment platform, known as the New Economy Fund.
Bain Capital Private Equity and Goldman Sachs have agreed to sell their majority stake in Carver Korea, a specialist cosmetics supplier, to Unilever in a deal worth EUR2.27 billion ($2.7 billion).
Chinese ride-hailing app operator Didi Chuxing has invested $200 million in Renrenche, a local consumer-to-consumer used-car trading platform, which is backed by several VC investors.
Sea, the Singapore-headquartered mobile internet and gaming platform formerly known as Garena, has filed to list on the New York Stock Exchange.